SIR,

MRPL AT CURRENT PRICE PRESENTLY AND FOR LONG TERM BY INVESTMENT POINT OF VIEW ? OR SHD. BE WAITED FOR FURTHER FALL IN PRICE. PLZ.SUGGEST. THANKS

buy now. with crude falling it will go up.

sir can u suggest on option trade

S&P made the announcement late Friday. It applies to the U.S. long-term sovereign debt rating. The agency also leaves intact the debt rating's negative outlook. Its statement says:

We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.

Our lowering of the rating was prompted by our view on the rising public debt burden and our perception of greater policymaking uncertainty, consistent with our criteria. Nevertheless, we view the U.S. federal government's other economic, external, and monetary credit attributes, which form the basis for the sovereign rating, as broadly unchanged.

In short, S&P sees the political risk as too great to sustain the U.S.'s AAA-rating.

Hi LAKSHMI, avoid entering new listings, they can be very volatile, since you have it higher levels, better hold it for Short/mid term, might take a while to recover, dont add more of it yet

Hi Nilesh, faces strong support at 17, dont add more of it yet, wait for some time for Markets to settle

Hi vedika, exit 50% from Onmobile, it looks weak, keep the rest for Mid term, hold KGL for another 4-5 months, can do well once Markets recover

Hi DR.A.K.MAHESHWARI, whats the nse code for UNITED ENTERPRISES?, dont enter MRPL yet, wait for some time

Hi nishant, thanks for the update

Hi prabhanjan, GM, you may invest 20% of your investment for Intraday trading, its a risky bet in current market conditions

Hi ptm, Yes, it seemed to be sustaining, but since other countries too have come up with debt issues (Europe) & economic slowdown issues, Global Markets seem to take a hit

Hi prabhanjan, no new call for now, here's some info on Pivot Points: http://www.investopedia.com/terms/p/pivotpoint.asp

Hi,

After this rating......Can we expect more downside...and to what extent....

I am holding ICICI bank fut@ 1045, rcom @ 102..........and skumars(long and short)?

What to do......this weekend is killing me..

Hi arun bj,

Kindly exit trading itself.

I exited trading 4 months back after incurring heavy loss.

This is pure gambling.

I have invested my money in real estate and getting good return in short time